Xiaomi’s new YU7 spells trouble for Tesla in China
1 min read
Summary
Xiaomi has unveiled its new EV SUV, the YU7, positioned as a direct competitor to Elon Musk’s Tesla Model Y
The Chinese electronics giant says the five-seater can reach 518 miles on certain trims and accelerate from 0-62mph in 3.23 seconds
Xiaomi claims its battery technology is a “breakthrough” and will be a class leader
The YU7 is the follow-up to the company’s Xiaomi SU7, which was delivered for the first time in March 2024 and has already sold more than 200,000 units, outperforming sales of EVs from Ford and GM globally
The YU7 is set to be made available for reservations from July 2025, but the price is yet to be announced.